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In this paper, we find a 'reverse%rsquo; weekend effect - whereby returns for Monday are positive and significantly greater than returns for the preceding Friday - in recent data for major stock indexes. We also find that, while a weak weekend effect exists in portfolios of smaller firms, the...
Persistent link: https://www.econbiz.de/10005242475
In this paper, we examine whether the 'reverse' weekend effect recently documented by Brusa, Liu and Schulman (2000) is concentrated in a few industries or widely spread across all the industries. The findings in this paper indicate that the 'reverse' weekend effect exists not only in "broad"...
Persistent link: https://www.econbiz.de/10005167810
In this study, we document evidence of a 'reverse' weekend effect - whereby Monday returns are significantly "positive" and they are higher than the returns on other days of the week - over an extended period of eleven years (from 1988 to 1998). We also find that the 'traditional' weekend effect...
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Ice clouds are mostly composed of different ice crystal habits. It is of great importance to classify ice crystal habits seeing as they could greatly impact single-scattering properties of ice crystal particles. The single-scattering properties play an important role in the study of cloud remote...
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This study examines the positive Monday returns detected in the stock market during the 1988--1998 period and finds that (a) the positive Monday returns are concentrated in the first and the third weeks of the month, and (b) they are related to the increasing trading activities of institutional...
Persistent link: https://www.econbiz.de/10005701304
This study examines if tradings on stocks based on the inside information about the "Heard on the Street" column of the Wall Street Journal could generate abnormal returns. The authors found significant abnormal returns on days t = -1 and t = 0 (publication date) for the stocks related to...
Persistent link: https://www.econbiz.de/10005667570